Unique Challenges with Condominium Development in Urban Areas

• Overview

Get the information you need to make sure your next project is a success.

Developers, property managers and associations face unique challenges when developing an urban condominium project. Oftentimes insufficient time is factored in for project design and technical review and obtaining required government approvals. Developers may also not fully appreciate the challenges that will be faced in funding the development, structuring the condominium regime and negotiating with associations and surrounding property owners to address title, easement and cost-sharing agreements. Additionally, operational issues associated with an urban condominium development, such as parking, transportation, use restrictions, public space enjoyment, integration of different types of users and on-going cooperation with governmental agencies, can present on-going challenges. This ondemand webinar will provide tools for navigating through the design, approval and construction phases of an urban condominium development, and will guide developers through structuring considerations with respect to underlying condominium regimes, master associations and relationships with surrounding property owners. This ondemand webinar will also provide practical solutions for addressing operational challenges faced by urban condominium developments, including parking, transportation and competing mixed use demands.

Authors

Melissa S. Turra, Esq., Holland & Knight LLP Robert E. "Rob" Riva Jr., Holland & Knight LLP

Agenda

Condominium Structuring Considerations

• Types of Condominiums: Residential, Mixed-Use, Commercial, Condo-Hotel

• Strategies With Respect to Labeling - Units, Parking Units, Common Elements, Limited Common Elements, Shared Facilities, Noncondominium Property

• Common Elements

Association Structure Relative to Surrounding Properties or Developments

• Master Association

• Subassociations and Subassociation Relationships

• Reciprocal Easements and Cost Sharing Agreements

• Public Areas

Unique Development Considerations

• Project Design, Technical Review, Planning Process and Construction Techniques, Multiple Layers of Government Review and Approval

• Mixed Use Development and Diverse Housing Options

• Public-Private Partnerships

• Economic Incentive Opportunities

• Parking, Reciprocal Parking, Sharing Arrangements

• Transportation

- Coordination With Government Agencies

- Multimodal Transportation and Mobility Options

• School Considerations

• Noise and Acoustical Considerations

• Use Restrictions on Retail and Commercial and Designing a Complimentary Mix

• Integration With Public Amenities: Green Space, Cultural Attractions, Pedestrian Enhancements

• Historic Preservation Districts

• Urban Infill, Environmental Concerns and Brownfields

• Sustainable Planning, LEED® and Green Technology